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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (69244)10/18/1999 11:51:00 PM
From: umbro  Read Replies (1) of 132070
 
Wasn't it just a week ago when Dell was lying, er, saying that there would be no impact?

Hmmm, yes, I think you're referring to the "love in" 10 days ago?

dailynews.yahoo.com

Dell Sees Little Effect From Taiwan Quake

AUSTIN, Texas (Reuters) - Dell Computer Corp. (Nasdaq:DELL - news) chairman Michael Dell said Thursday the company's financial performance should not be affected by an earthquake that knocked out industrial production in Taiwan last month.

He said Taiwanese computer parts plants damaged in the September 21 temblor quickly resumed production and Dell, the world's second largest personal computer seller, had used its market muscle to assure a steady stream of computer chips.

''In terms of Q3 (third quarter) specifically, I think we're going to do okay...all of the things we've seen so far seem to be addressable through supplier leverage,'' Dell said at a meeting with analysts.

''We're going to squeeze out the little guys, and I think we're going to get the parts we need,'' he said. ''I feel very, very good about the long-term environment and I don't think the short-term environment is going to be one that has massive obstruction to our business.''


Looks like the little guys decided to squeeze back. got puts? <g>
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